Autonomous Community of Andalucia
Sevilla, Spain| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | ES0000090912, ES0000090961 |
| Aligned with SDGs |
The region of Andalucia is governed by the Junta de Andalucia which comprises of three bodies, the Andalucian Parliament, the President of Andalucia, and the Government of Andalucia. Andalucia is the most southern region of Spain, with a land area of 87,597 km2, the 4th largest region in Europe. Its population is around 8.5 million, the third most populated region in Europe. Important sectors include agrifood, energy, aeronautic, and service (eg. tourism) industries.
Investment rationale
Overall, the framework aims to tackle social and environmental challenges of the regions. The issuance is predominantly focused on social aspects.
The social aspect includes programs facilitate the access to education, decrease dropout rates, provide healthy canteens at schools, and early childhood education for work-family conciliation and women's access to the labor market. Children rights in protection and healthcare are implemented. Projects in this category will have long-term impact on promoting social development of next generation and universal access to essential services for the entire population, particularly for vulnerable groups. On the environmental side, contributions are mainly in mobility.
ES0000090912
In total, 75% of proceeds is aligned with the Wellbeing transition, 21% with the Societal transition, 3% with the Energy transition and 1% of revenues with the Resource transition.
ES0000090961
In total, 75% of the proceeds of this bond is aligned with the Wellbeing Transition, 21% with the Societal Transition, 3% with the Energy Transition and 1% with the Resource Transition.